personal finance

Hot job market and Great Resignation persist despite recession threat

Mixetto | E+ | Getty Images Workers are still reaping the benefits of a hot job market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to US Department of Labor data issued Wednesday. The numbers reveal that the pandemic-era trend known as the “Great Resignation” is still in …

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I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now Read More »

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now Read More »

Bobby Bonilla Day: Here are other retired players who get huge annual payments

“Bobby Bonilla Day” was trending on Twitter on Friday as it does every year on July 1. That’s because it marks the annual date when the former New York Mets player receives $1.2 million from the team, despite being retired for over a decade. Bonilla’s agent, Dennis Gilbert, orchestrated a contract payout for the third …

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Most workers want their employer to share their values

For employees today, job satisfaction is about much more than just pay and benefits. New hires are increasingly looking for companies that affirm their values. Tyrese Thomas, who graduated from college in May with a bachelor’s degree in sociology, East Asian studies and business management, was careful in his job hunt to research the culture …

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Closed-end municipal bond funds may benefit fixed-income investors

Yellow Dog Productions | The Image Bank | Getty Images Investors discouraged by a bond market where yields are savaged by inflation may find relief in what, for many, is an unfamiliar fixed-income vehicle: closed-end municipal bond funds. These funds, less common than the open-ended variety, are offered by large financial services companies. Some are …

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Rollover IRAs cost consumers $45.5 billion in fees, earnings: study

andres | E+ | Getty Images IRA rollovers are common for job switchers, retirees investors rolled $516.7 billion from workplace plans into traditional IRAs in 2018, the latest year for which data is available. That’s nearly 28 times more money than as contributed to traditional IRAs that year. to Pew survey from 2021 found that …

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Inflation is dampening July 4 fun. How to save on a holiday barbecue

Photography Inc. | E+ | Getty Images Nothing says Independence Day like a good, old-fashioned barbecue. In keeping with tradition, most Americans — roughly 60% — plan to grill this weekend, and 53% will get together with friends and family, according to a recent report by market research firm Numerator. “Consumers want to celebrate this …

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